Indian exports to US, China on rise in 2020

Wed, 25 Nov 2020

Indian exports to US, China on rise in 2020

ANI
21 Oct 2020, 06:55 GMT+10

New Delhi [India], October 21 (ANI): A significant increase in India's exports to United States and China, coupled with a dip in imports from the two countries has been witnessed this year, owing to Prime Minister Narendra Modi government's push.

As per data received from the Centre, India's exports to USA in September 2020 stood at USD 5.1 billion, which is 15.5 per cent more than the figures of the corresponding month (USD 4.4 billion) in 2019.

Further, the imports from USA decreased a significant 34.3 percent to USD 1.8 billion in September 2020, when compared to the figure of USD 2.8 billion in September 2019.

Similarly, imports from China, which is one of the biggest manufacturers of commodities across sectors, dipped to USD 27.4 billion in the period between April to September this year. The imports, therefore, have shrunk 24.5 percent from the USD 36.3 billion figure for the same period from last year.

Indian exports to China have, meanwhile, increased by 26.3 per cent to reach USD 10.6 billion in the aforementioned period, which is a significant increase from the figures of USD 8.4 billion for the period between April-September 2019. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Hong Kong Herald.

More Information

22 ℃

null in Cheung Chau

China

Section

China designates special status for Irish whiskey and Irish cream

DUBLIN, Ireland - Irish whiskey and Irish cream have been given a boost by their special designation by one of ...

China's double-digit export growth surprises analysts

SHANGHAI, China - China's double-digit export growth has surprised analysts, lifting hopes for a faster recovery as the COVID-19 crisis ...

Investigators in Xinjiang blocked by Chinese government

Investigators looking for evidence of forced labor in clothing supply chains in the northwestern Chinese region of Xinjiang on behalf ...

Key takeaways of HKSAR chief executive's 2020 policy address

Chief Executive of the Hong Kong Special Administrative Region (HKSAR) Carrie Lam delivered the 2020 policy address in Hong Kong, ...

China condemns Houthi militia's attack on Saudi Arabia oil facility

Photo taken on Nov. 24, 2020 shows a damaged fuel tank in north Jeddah, Saudi Arabia. (Xinhua/Tu Yifan)BEIJING, Nov. 25 ...

Xi stresses military training to raise capability of winning wars

A formation of Guard of Honor marches in a military parade celebrating the 70th founding anniversary of the People's Republic ...

Business

Section

China designates special status for Irish whiskey and Irish cream

DUBLIN, Ireland - Irish whiskey and Irish cream have been given a boost by their special designation by one of ...

Easing U.S. political tensions buoy Asian stock markets

SYDNEY, NSW, Australia - Asian stock markets celebrated the extraordinary milestone attained by the Dow Jones overnight, when it reached ...

Philippine Department of Energy preparing for low carbon scenario

QUEZON CITY, Philippines, Nov. 25 (PIA) - The Department of Energy (DOE) is preparing for a low carbon scenario as ...

Dow makes new milestone, U.S. dollar hit by sellers again

NEW YORK, New York - U.S. stocks thundered ahead Tuesday, with the Dow Jones making a new milestone - topping ...

Microsoft to increase Dublin workforce to 2,700

DUBLIN, Ireland - Microsoft Ireland is to create 200 engineering roles to strengthen its existing Dublin-based team of over 600 ...

China's double-digit export growth surprises analysts

SHANGHAI, China - China's double-digit export growth has surprised analysts, lifting hopes for a faster recovery as the COVID-19 crisis ...

Movie Review

War of the Worlds (2005) (4K UHD)